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410 - 4850 Glen Erin Drive
For SalePapillon Place III CondosEst Sell Timeframe 6 Days
$599,900
1 Bed + 1
1 Bath
1 Parking
657 SQFT
57 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$913/sqft
Maintenance Fees:
$545/mth
Taxes:
$2,381 (2023)
Locker:
Owned
Outdoor Space:
Terrace
Exposure:
North
Possession Date:
30-60 days TBD
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- No
Room Dimensions
Kitchen
Ceramic Floor, Granite Counter, Stainless Steel Appliances
9.02 x 8.2ft
Living
Laminate, Open Concept, Walk-Out
22.8 x 10.01ft
Dining
Laminate, Combined with Living, Open Concept
22.8 x 10.01ft
About this Listing
Welcome to this amazing condo located in the Central Erin Mills neighbourhood of Mississauga. This well maintained, clean & bright 1 br + den condo has an Open concept layout with amazing views from the balcony. Enjoy the amenities this building has to offer, 24 hr concierge, indoor pool, gym, rooftop patio, recreation room and sauna. Walking distance to shops, services, schools, hospital & public transit.
re/max realty specialists inc.MLS® #W8107444
Amenities
Security System
Party Room
Concierge
Sauna
Indoor Pool
Indoor Parking
Nearby Amenities
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
6/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
7,389
Average Individual Income
$57,605
Average Household Size
3 persons
Average Age
38
Average Household Income
$114,469
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
44%
Semi Detached
44%
Low Rise Apartment
6%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
75%
Other
9%
Punjabi
8%
Tagalog
2%
Spanish
2%
Urdu
2%
Hindi
1%
Gujarati
1%
Education
High School
32%
University and Above
23%
College
19%
None
17%
Apprenticeship
4%
University Below Batchelor
1%
Major Field of Study
Business Management
28%
Architecture & Engineering
22%
Social Sciences
11%
Health & Related Fields
9%
Humanities
5%
Math & Computer Sciences
5%
Personal, Protective & Transportation Services
4%
Physical Sciences
4%
Education
3%
Visual & Performing Arts
3%
Price Trends
Building Trends At Papillon Place III Condos
Days on Strata
Units at Papillon Place III Condos spend an average of
20
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
1%
Increase in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 44 condos in the Central Erin Mills area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
25
Units were Rented over the past twelve months
Best Value Rank
Papillon Place III Condos offers the best value out of 44 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Papillon Place III Condos has the highest ROI out of 44 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Papillon Place III Condos yields the highest rent prices out of 44 condos in the Central Erin Mills neighbourhood
?
High Demand
Papillon Place III Condos is the most popular building out of 44 condos in the Central Erin Mills neighbourhood
?
Transaction Insights at 4850 Glen Erin Drive
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | $510,000 - $585,000 | $570,000 - $580,000 | $660,000 - $769,000 |
| Avg. Cost Per Sqft | $955 | $933 | $784 |
| Price Range | $2,400 - $2,500 | $2,350 - $2,700 | $2,300 - $3,500 |
| Avg. Wait for Unit Availability | 87 Days | 101 Days | 60 Days |
| Avg. Wait for Unit Availability | 56 Days | 134 Days | 37 Days |
| Ratio of Units in Building | 29% | 19% | 54% |
Maintenance Fees
Papillon Place III Condos vs The Central Erin Mills Area
